Mia had a profit of $200, According to the given information that is given above.
What is profit?
A profit is a financial gain that occurs when the amount earned exceeds the amount spent on purchasing, operating, or creating anything.
Computation of profit:
According to the given information,
Fixed Expenses = $9,000,
Variable Expenses = $300, and
Revenue = $9,500.
Now, the amount of profit would be:
[tex]\text{Profit} = \text{Total Expenses} - \text{Revenue}\\\\\text{Profit} =( \$9,000+\$300) - \$9,500\\\\\text{Profit} =\$200[/tex]
Therefore, the Profit would be $200.
Learn more about the profit, refer to:
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